Southern India based pellet maker – KIOCL has concluded domestic sale tender of 50,000 t pellets (Fe 64% and 2% Al) today via tender process. The deal was heard to be concluded at INR 12,800-13,000/t FoB Mangalore, SteelMint gathered from sources. Price has moved up by INR 750/t against last concluded domestic tender held in Dec’20. The company operates a 3.5 mn t pa pellet plant in Mangalore, Karnataka, India.
Leave a Reply